Barron's - USA (2020-10-19)

CONTENTS 10.19.20 VOL.C NO.

Index P. 6

Review & Preview P. 14

Mailbag P. 35

13D Filings P. M

Charting the Market P. M

Winners & Losers P. M

Research Reports P. M

Market View P. M

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Doyouexpecttoincreaseordecreaseyournetholdingsofthefollowing

assets in the next six months?

0% 10 20 30 40 50 60 70

U.S. Stocks

European

Stocks

Japanese

Stocks

Chinese

Stocks

Emerging

Markets

Stocks

Increase Decrease

P. 20

OurLatestBigMoneyPoll

Cover Story:More than half of the professional investors who responded to our

semiannual survey say they’re bullish on the prospects for U.S. stocks over the next 12

months. Here’s how they’re planning to put money to work.By NICHOLAS JASINSKI

P. 9

Up&DownWallStreet:

Handicapping the Race

Wall Street is betting on a Joe

Biden presidency, even if it means

higher taxes. In the case of a Blue

Wave, muni bonds look attractive.

By RANDALL W. FORSYTH

P. 13

Streetwise:5G iPhones

at 4G Speeds

Demand for Apple’s latest offering

remains to be seen, with networks

largely unprepared. But the deals

might be too good to pass up.

By JACK HOUGH

P. 16

Strong Bank Earnings

Fail to Impress

JPMorgan, Citigroup, and Bank of

America all sold off following solid

reports, as investors focus on risks.

One exception: Morgan Stanley.

By CARLETON ENGLISH

P. 17

Tread Carefully in

the EV-SPAC Space

Special purpose acquisition

companies are a risky way to play

the electric-vehicle revolution.

By NICHOLAS JASINSKI

AND AL ROOT

P. 19

Nabbing eBay Stock

at a Bargain Price

While eBay lacks the flashy growth

of other e-commerce giants, its

back-to-basics strategy under new

CEO Jamie Iannone is paying off.

By ERIC J. SAVITZ

P. 26

For Decent Payouts,

Look to Preferreds

Preferred shares have surged in

popularity, but it’s still possible to

find Treasury-beating yields of 4%

to 8%. Here are our eight picks.

By ANDREW BARY

P. 28

A Go-Anywhere Fund

for Any Market

Profile:The BNY Mellon Global

Real Return fund has delivered for

investors, with only one down year

since its inception in 2010.

By LEWIS BRAHAM

P. 32

Big Tech Companies

Can Keep Growing

Q&A:Wolfe Research’s Steve

Milunovich explains why hot

stocks like Nvidia, Shopify, and

PayPal have staying power.

By AL ROOT

P. 30

Funds:Morgan Stanley

CouldPareFunds

By LEWIS BRAHAM

P. 31

Tech Trader:What to

Glean From iPhone 12

By ERIC J. SAVITZ

P. 34

Economy:China Is

Still Manipulating

Currency Markets

By MATTHEW C. KLEIN

P. 35

Income:Emerging

Market Debt Offers

Attractive Yields

By ALEXANDRA SCAGGS

P. M

Trader:Insight Into

Market Indecisiveness

By BEN LEVISOHN

P. M

Euro Trader:Bunzl

Gets a Covid Bump

By RUPERT STEINER

P. M

Emerging Markets:

Time to Buy China

By CRAIG MELLOW

P. M

Striking Price:Ways to

Play the Surge in Gun

and Ammo Sales

By STEVEN M. SEARS

P. M

Commodities:How

U.S. Election Could

Play Out for Oil

By MYRA P. SAEFONG

Barron’s Roundtable

on Fox Business

Watch our TV show this Friday at

10 p.m. or 11:30 p.m. ET; Saturday

at 10 a.m. or 11:30 a.m.; or Sunday

at 7 a.m., 10 a.m., or 11:30 a.m.

This week, get insights on how to

position your portfolio ahead of

the Novemberelection from Libby

Cantrill, head of public policy for

Pimco.